P/E ratio for Momo (MOMO)
P/E ratio as of April 2024 (TTM): 4.29
According to Momo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.28642. At the end of 2022 the company had a P/E ratio of 8.04.
P/E ratio history for Momo from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.04 | -312.27% |
| 2021 | -3.79 | -139.95% |
| 2020 | 9.48 | -42.01% |
| 2019 | 16.3 | 44.29% |
| 2018 | 11.3 | -24.92% |
| 2017 | 15.1 | -37.59% |
| 2016 | 24.2 | -87.13% |
| 2015 | 188 | -1023.57% |
| 2014 | -20.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Akamai
AKAM | 34.4 | 702.71% | 🇺🇸 USA |
 VeriSign VRSN | 26.4 | 516.64% | 🇺🇸 USA |
 Wix.com WIX | -114 | -2,753.24% | 🇮🇱 Israel |
 Glu Mobile
GLUU | N/A | N/A | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.